Archive: WR Grace

Columbia-based W.R. Grace & Co. and three former executives were acquitted today on charges that they knowingly let residents of Libby, Mont., be exposed to asbestos from a mine there. Shares of the company rose more than 30 percent on the news. The trial began in February, and the jury...

WR Grace's long-running bankruptcy case is about to get interesting. A bankruptcy judge on Thursday cut off the Columbia company's exclusive control of the bankruptcy case, opening up the possibility of competing Chapter 11 proposals for the specialty chemical conglomerate. In a three-page order, Judge Judith Fitzgerald of the U.S....